US equities shake off recent worries in a steady
climb throughout the day.
Boots said it would meet market profits
consensus forecasts for the year, and it accelerate its investment in its key
chemist chain. Sales are up four percent in Q4 at the top end the range of
analyst forecasts
J Sainsbury WARNED
annual profits would fall short of last year due to falling sales and has
agreed to sell its U.S. Shaw's supermarkets for $2.475 billion. The money will
be used for its core UK business as well as returning 680 million pounds / 35
pence-per-share, to shareholders.
Compass catering said it had made a good
start to 2004 and expected turnover growth of seven percent for the year
combined with a high 95% contract retention.
Minerva property group posted a 50 percent
fall in first-half profit to 0.6 million pounds but said that the London office
market was recovering from a previous slowdown.
Calendar:
United Kingdom
United States
(GMT)
Europe & World (GMT)
PM Group (I), Sinclair Pharma (I), BATM Advanced (F), Chelford
(F), Harvey Nash Group (F)
Q4 Balance of Payments (09:30)
Q4 GDP final (09:30)
15:00 Help-Wanted Index Feb - 39
13:30 Personal Income Feb - 0.3%
13:30 Personal Spending Feb - 0.5%
13:45 Mich Sentiment-Rev. Mar - 94.1